Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Appliance Market in Malaysia Shows Growth
Aug 26, 2008
 Printable format
 Email this Article
 Search

The Malaysian Home Appliances market reported 1,305,631 units sold for the first half of 2008, according to research firm GfK. According to the firm, despite the recent global economic downturn pushed by soaring food prices and the rise in global oil prices, there has been a relatively strong growth in sales consumption for home appliances compared to the first half of 2007; at 8.4% in unit sales and 8.6% in value sales.

Some of the key product groups leading the growth are refrigerators, growing at 5.8% in value sales. Refrigerators remain the largest contributor to overall home appliance sales in Malaysia, contributing 32.5% of the total market, followed by air-conditioner sales. However, GfK says, air-conditioners posted a 17% growth in value, thus raising its value share to 30.5%. Washing machines, which are the third largest contributor to the segment, grew 4.5% in value sales for an overall 5.4% share.

GfK says that the strong growth of small appliances such as Food Preparation (Blenders, Choppers, Mixers, which grew at 15.6% value sales, and irons, which grew at 16% value sales, also contributed to the segment's growth in the first half of 2008.

The firm predicts that the home appliance industry in Malayasia will slow in the second half of 2008, largely due to reduced consumer spending power.

Back to Daily News

 

Daily News

...........................................................

Oct 21, 2014: AHRI Annual Meeting Registration Remains Open

Oct 20, 2014: Electrolux 3Q Operating Income up 29%

Oct 17, 2014: Whirlpool completes purchase of majority interest in Indesit

Oct 17, 2014: Corrected: AHRI Annual Meeting Registration Remains Open

Oct 17, 2014: Walmart will moderate brick-and-mortar growth and increase capital spending on e-commerce capabilities

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 2014
April 2014: Appliance Magazine Market Insight: February 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows